Host Bob Leins welcomes Maureen Wilkin, Federal Benefits Specialist to talk about early retirement. Remember all that glitters is not gold! Do you understand the possible effects of an early retirement on your benefits or retirement?
August 7, 2017

After a brief downturn earlier this summer, the Thrift Savings Plan rebounded in July, with all of the funds posting positive returns. All of the retirement funds, with the exception of one outlier, also posted higher returns than they had in June.

Ten House Republicans reiterated their concerns for the recent fiscal 2018 budget proposals that would make significant changes to the federal retirement system for current and future employees and retirees. Eighteen senators, nearly all Democrats, also wrote their own letter to Senate leadership voicing their opposition.

The Senate Homeland Security and Government Affairs committee passed the TSP Modernization Act of 2017, along with a handful of other bills that could soon affect the lives and careers of the federal workforce.

The Republican Study Committee released its own take on the fiscal 2018 budget, which includes several cuts to federal pay, retirement and health benefits. Here’s how the committee’s budget proposal measures up to other recommendations from the Trump administration and other House lawmakers.

Rep. Todd Rokita (R-Ind.) reintroduced the Promote Accountability and Government Efficiency (PAGE) Act after a similar bill died in the previous Congress. The legislation would give agencies the authority to remove or suspend new employees “without notice or right to appeal, from service by the head of the agency at which such employee is employed for good cause, bad cause or no cause at all.”